Montan Announces Filing of Annual Financial Statements and Lifting of Management Cease Trade Order

MONTAN ANNOUNCES FILING OF ANNUAL FINANCIAL STATEMENTS AND

LIFTING OF MANAGEMENT CEASE TRADE ORDER

Vancouver, B.C., December 22 , 2017 – Montan Mining Corp. (TSXv: MNY) (FSE: S5GM)

(the “Company” or “ Montan”) reports that the Management Cease Trade Order imposed by the

British Columbia Security Commission on November 29, 2017 was lifted effective December

22, 2017 following the filing of the Company's audited annual consolidated financial statements

for the year ended July 31, 2017, together with its management discussion and analysis.

About Montan Mining Corp.

Montan Mining Corp. is an emerging gold producer focusing on monetizing mining assets in

Peru. The company is backed by an experienced management team with diverse technical,

market, and finance expertise and i s supported by committed and sophisticated investors

focused on building long term value for shareholders.

For more information, please visit the corporate website at http://www.montanmining.ca or

contact:

Investor Contact:

Luis F. Zapata

Executive Chairman

Tel: +1.604.358.1382

Email: [email protected]

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES

PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE

EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF

THIS NEWS RELEASE.

Forward-Looking Statements: Certain statements in this press release are forward -looking statements within the

meaning of applicable securities laws. Forward -looking statements in this press release include that we will

purchase the Peruvian company Kairos Capital Peru S.A.C (“Kairo s”) and M&S Transportes y Servicios Generales

S.R.L (“Mirador”) from Pacific Alliance, or that the company is assured of TSX Venture Exchange approval for its

acquisition; and the implication that cash flow at Mirador will continue to increase. S uch forwa rd-looking

statements and information are subject to risks, uncertainties and other factors which may cause our actual results,

performance or achievements, or industry results, to be materially different from any future results, performance or

achievements expressed or implied by such forward -looking statement. Specific risks included that we may not be

able to secure sufficient mineral feed stock of appropriate grades, we may not be able to attract or retain key

employees necessary for our operations, we may not be able to finance operations, we may not be able to sustain

recoveries that ensure profitability, and we may not be able to locate or negotiate transactions which result in

growth of our business. We may not be able to become profitable even if we are producing and milling to capacity,

profitability depends on revenues and expenses which are not completely controllable; we may not be able to

secure mineral feed from other miners; and we may not be able to restart production because of technical or

expense issues. Readers are cautioned to review the risk factors of junior mining companies which apply equally to

our company, and to our management discussion and analysis as filed on SEDAR. Other than as required by law, we

assume no obligation to update these forward looking statements.